Flash | See Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations 19 Aug 2026 06:44:04 ET │ 12 pages Estee Lauder Inc (EL.N) Strong F4Q26 OSG & EPS Beat; FY27 OSG Guidance Reiterated & OM Raised with FY27 EPS Bracketing Consensus CITI'S TAKE As we highlighted in earnings preview and positive catalyst watch, EL reported strong F4Q'26 results with OSG +5% well above implied guidance of +2.9%, VA cons. +3.0%, and our +3.2%, driven by Asia Pacific (+9% vs. cons. +3.8%) ...